Appraisal of accounting system in public

The duty to report all its financial activities to the general public is a debt that government must pay. However, there is general awareness all over the world of the need to pay greater attention to the development of government accounting and financial control. In the course of preparing this work the researcher used primary and secondary sources of data but reliance was placed more on the primary sources.

But because of time effort and finance which it will taken to study all the government establishment in Enugu hence the selection of three government establishment in Enugu.

More so the bureaucracy and protocol the research went through to obtain material and an appointment has been very discouraging. Using Kwara State teaching service commission as a case study in a public sector due to time financial constructing emphasis will be on if back ground and accounting system.

In practice, this is modified by the concept of prudence and the possible revaluation of fixed assets. Therefore, this study will look into the nature of the accounting system of the sample ministry; how the system operates, the relevance of the system to the environment, problems and prospects of the system.

To instill the Appraisal of accounting system in public that it provides financial information balance and financial resources of the government.

If the accounts are kept on the accrual basis, this term designates the amount of revenue estimated to accrue during a given period regardless of whether or not it is all to be collected during the period.

APPRAISAL OF THE ACCOUNTING SYSTEM IN NIGERIAN PUBLIC SECTOR

This was part of the reason why I had to limit my work to fewer staffs than was earlier planned. This study will serve as a useful medium to such member of the public who find government financial reporting very ambiguous and hard to understand.

As a result of this development, the traditional cash procedures of accounting can hardly meet the demands of reasonable accounting for modern government in providing necessary services or information.

It is located long Okpaar Avenue Enugu. To determine the factors that promote or constrain the accounting system of the sample ministry. Government establishment are well known for maintaining utmost screening as regards their operations, more so, where it is a study that concerns their financial operation the researcher found it difficult to obtain material relating to the study that is literature and some officials who have been very elusive and uncooperative.

Therefore, there is need for government accounting to be dynamic in order to accommodate both the fundamental roles and the developments. Apart from the above listed limitations witnessed by this researcher is time constraint. Moreover the success of this work could be of immense benefit to the operators of government establishment who need financial information for decision making and also help them to understand the concept of stewardship accounting.

Government entrust public funds in the hands of its officials hence government reporting has traditionally stressed stewardship. To appraise the systems and ascertain their suitability.

AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR

In the last chapter, the researcher discussed the result obtained from data analysis in chapter four and also a useful and constructive suggestion was put down as that any interested party may be wee guided.

Some of these problem witnessed in the public sector includes: The existing problems of accounting is the public sector the product of human deficiency? U which was formed in Moreover the success of this work could be of immense benefit to the operators of government establishment who need financial information for decision making and also help them to understand the concept of stewardship accounting.

Accounting entity appears in the definition of the following terms; accounting change, reporting entity, combination, fund and accounting policies. Inconsistency in government accounting system comparison impossible. As old as theory is, it would not be erroneous to say that the idea has been equally lost to antiquity although not much is known about it, this makes the subject, government accounting to remain a myth.

Accounting terms concept and conventional with business the manager owners, investors, bankers, lawyers, estate agent, stock broker or accounting, accounting like other discipline has it own worlds and terms which means another things in ordinary language usage.

Public Sector – An Appraisal Of Accounting System

Thus accounting is often said to be the language of business. Government accounting is the process of recording, analyzing, classifying, summarizing, communicating and interpreting financial information about government in aggregate and in detail, reflecting all transactions involving the receipts, transfer and disposition of government funds and property.

Accounting entity is in the accounting and auditing, banking, commerce and finance and corporate, commercial and general law subjects. Self accounting system introduced is government accounting do not help to make accountability more efficient?Scope and Limitation of the Study Although the work is an Appraisal of accounting system in the public sector, only the accounting system of Benue Internal Revenue Service (BIRS) is chosen as a focus.

This write up is the result of a studying of the accounting process in the public sector. The work is principally aimed at providing an insight into the accounting system of Board of Internal revenue Enugu State, its inefficience, problems and ways these problems could be effectively be managed.

appraisal of the accounting system in nigerian public sector(a case study of selected government establishment in enugu) ABSTRACT Accounting can be defined as the recording summarizing analyzing and interpretation of an killarney10mile.comting system is a set of rules regulations and procedures which are articulated by a appropriate.

An Appraisal Of Accounting System In Public Sector Organization

AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR (A CASE STUDY OF BOARD OF INTERNAL REVENUE ENUGU STATE) BY ONOWA SIMON OWIZY JULY, ABSTRACT This write up is the result of a studying of the accounting process in the public sector.

The work is principally aimed at providing an insight. Download complete project materials on An Appraisal Of Accounting System In Public Sector Organization from chapter one to five on accounting TABLE OF CONTENTPASS Your UTME.: This JAMB CBT Practice Software Will Make You Score + in UTME Just Like Micheal Did Last Year CLICK TO DOWNLOAD TITLE PAGE.

AN APPRAISAL OF ACCOUNTING SYSTEM IN THE PUBLIC SECTOR (A CASE STUDY OF BOARD OF INTERNAL REVENUE ENUGU STATE), Largest Undergraduate Projects Repository, Research Works and Materials.

Download Undergraduate Projects Topics and Materials Accounting, Economics, Education.

Download
Appraisal of accounting system in public
Rated 3/5 based on 16 review